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Why BitMine Immersion Technologies Stock Skyrocketed Today


BitMine Immersion Technologies (NYSEMKT: BMNR) stock posted another day of explosive gains in Thursday's trading -- ending the session up 130.8%. The company's share price is up roughly 2,450% over the last week.

News that Wall Street strategist Tom Lee is joining Bitmine in a push to make Ethereum's Ether token central to Bitmine's crypto holdings has helped kick off a massive rally for the stock. In conjunction with the company naming Lee as chairman of its board of directors, the company announced that it was raising $250 million in a private funding round.

Image source: Getty Images.

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Source Fool.com

Immersion Corp. Stock

€5.75
0.000%
The Immersion Corp. price is unchanged compared to yesterday.
Currently there is a rather positive sentiment for Immersion Corp. with 5 Buy predictions and 0 Sell predictions.
With a target price of 12 € there is potential for a 108.7% increase which would mean more than doubling the current price of 5.75 € for Immersion Corp..
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